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Golden Carpets Ltd informed the BSE that its Board of Directors approved a change in designation for Mr. Srikrishna Naik from Managing Director to Director (Non-executive & Non-Independent), effective August 20, 2026; Mr. Naik is the brother of Mrs. Meena Bhushan Kerur, the Company’s Managing Director.

Golden Carpets Ltd. announced changes in director designations on Thursday, August 20, 2026, following a board meeting. Srikrishna Naik will step down as Managing Director to become a Director (Non-Executive & Non-Independent), while Meena Bhushan Kerur will assume the role of Managing Director for a five-year term, subject to member approval at the company`s general meeting. The company also reconstituted its Audit, Nomination & Remuneration, and Stakeholders Relationship Committees, inducting Rohan Bhushan Kerur and changing the chairpersonship of the Stakeholders Relationship Committee.

Golden Carpets Ltd. announced that its Board of Directors approved the change in designation of Mrs. Meena Bhushan Kerur from Director (Non-executive & Non- Independent) to Managing Director for a period of 5 years, effective August 20, 2026, subject to approval from the company’s members at the ensuing general meeting.

Net loss of Golden Carpets reported to Rs 0.07 crore in the quarter ended June 2026 as against net profit of Rs 0.02 crore during the previous quarter ended June 2025. Sales declined 53.85% to Rs 0.12 crore in the quarter ended June 2026 as against Rs 0.26 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales0.120.26 -54 OPM %-33.3323.08 - PBDT-0.040.06 PL PBT-0.070.02 PL NP-0.070.02 PL Powered by Capital Market - Live News

Golden Carpets will hold a meeting of the Board of Directors of the Company on 7 August 2026.